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Monster Beverage Shares Gain 7& as Record Q3 Sales and Profit Beat Estimates
Financial Modeling Prepยท 2025-11-07 21:04
Core Insights - Monster Beverage Corp. reported record quarterly sales and profit growth, exceeding Wall Street expectations, with shares jumping 7% in intra-day trading [1] Financial Performance - Adjusted earnings per share reached $0.53, surpassing analyst estimates of $0.48 [1] - Revenue increased by 16.8% year over year to $2.2 billion, exceeding forecasts of $2.11 billion [1] - Operating income surged 40.7% to $675.4 million [2] - Net income rose 41.4% to $524.5 million [2] - Gross profit margin expanded to 55.7% from 53.2% a year earlier, driven by higher pricing, supply chain efficiencies, and a favorable product mix [2] International Performance - International revenue grew 23.3% to $937.1 million, accounting for 43% of total sales, marking the highest quarterly share of international revenue to date [2]